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CRED acquires Y Combinator-backed finance startup Spenny
short by Mansi Agarwal / on Friday, 23 June, 2023
Kunal Shah-led fintech unicorn CRED has acquired micro-savings startup Spenny for an undisclosed amount. Announcing the acquisition on Twitter, Spenny CEO Rathin Shah said, "The work CRED and Kunal have done to inculcate positive financial behaviour has been an inspiration. We're excited to start a new journey." Spenny was part of Y Combinator's winter batch of 2020.
read more at Moneycontrol